Site Selection Publishes Annual Canadian Rankings
Atlanta, September 2, 2014: Québec is the most competitive province in a competitive nation, followed by Ontario and British Columbia. And metro areas from Greater Toronto and Montréal to Charlottetown, PEI, and Alberta's Industrial Heartland head Site Selection’s annual list of top Canadian economic development groups (see full list below).
Those are the conclusions reached as Site Selection publishes its seventh annual Canada's Best Locations awards and rankings, based on April 2013-March 2014 corporate end-user facility investment and job creation data derived from the publication's proprietary New Plant Database and the magazine’s own research. The rankings include:
- The Canadian Competitiveness Award, awarded to the leading province based on data derived from qualifying new corporate facilities and expansions;
- Top Canadian Groups, recognizing local economic development groups based on project data, regional partnership, proactive and innovative programming, and quality data and Web tools and resources, and including an Honorable Mention category;
The Canadian Competitiveness Award goes to Invest Québec, which narrowly beat out Ontario for the prize, owing in part to a record year in helping 89 foreign investment projects get off the ground — projects worth C$2 billion and 5,000 new or preserved jobs. That came after helping to attract 65 projects worth $1.1 billion and 4,500 jobs the year before. "These exceptional results are due to the Corporation's unflagging efforts in recent years," said Invest Québec President and CEO Mario Albert in presenting the agency's annual report in June.
"Invest Québec sets a high bar," says Adam Bruns, managing editor of Site Selection, noting that the 450-employee agency's remit comprises not just inward investment attraction, but everything from tourism and mining to financing. The agency also benefits from strong economic development partners such as Hydro-Québec. Meanwhile, Canada as a whole keeps humming along with high job creation numbers and a declining cost of doing business, with a new trade agreement with the EU figuring to boost corporate investment even more. "From open immigration policies to infrastructure investment to proactive outreach abroad," says Bruns, "the priorities set by Canada's national leaders play out in provincial and regional policies, partnership and practices when it comes to fostering a competitive business climate that welcomes competitive global businesses and talent."
The Canada's Best Locations 2014 report, entitled "Bank On It," includes a Canadian economic development directory, and appears in the September 2014 edition of Site Selection, available via digital edition at www.siteselection.com/digitaledition. A Web edition of the story will be posted Tuesday, Sept. 2.
"We make sure Canada is covered in every issue of Site Selection, from provincial and Canada-U.S. border updates to coverage of new projects in our industry reports," says Mark Arend, editor in chief of Site Selection. "The annual Canada’s Best Locations feature sheds additional light on Canada’s many location options for corporate site selectors. We salute the provinces and communities that made this year’s rankings."
Site Selection magazine, published by Conway Data Inc., delivers expansion planning information to 49,000 executives of fast-growing firms. The senior publication in the development field, Site Selection is also available via Site Selection Online. The publication also publishes or co-publishes e-newsletters, including The Site Selection Dispatch, Life Sciences Report, Aerospace Report and Energy Report; Site Selection International; The FDI Report; Trust Belt.com and the OnSITE Travel blog. The magazine's redesign, content and online presence have received multiple awards over the past year from the Magazine Association of the Southeast (MAGS), the American Society of Business Publication Editors (ASBPE) and Trade, Association and Business Publications International (TABPI).
Conway Data is an international publishing, consulting and association management company headquartered in Atlanta. Conway owns and manages London-based Red Hot Locations, organizer of worldwide FDI events; Berlin-based FDI advisory firm Terrain Consulting; New York-based The PONT Group, a leading PR and lead-generation firm; economic development education and research organization the Janus Institute; and manages the Industrial Asset Management Council and the FDI Association. CDI in 2013 launched a Custom Publishing Division.
Canadian Competitiveness Rankings
- Invest Québec
- Ontario Ministry of Economic Development, Employment and Infrastructure
- British Columbia Ministry of Jobs, Tourism & Skills Training
Top Canadian Economic Development Groups (in alphabetical order)
City of Ajax (Ont.)
Alberta’s Industrial Heartland Association
Canada’s Technology Triangle (Ont.)
City of Charlottetown (PEI)
City of Hamilton Economic Development (Ont.)
Sarnia-Lambton Economic Partnership (Ont.)
WindsorEssex Economic Development Corp. (Ont.)
Top Canadian Economic Development Groups Honorable Mention (in alphabetical order)
City of Brampton Economic Development Office (Ont.)
Calgary Economic Development (Alberta)
Edmonton Economic Development Corp. (Alberta)
City of Kitimat/Haisla First Nation (BC)
London Economic Development Corp. (Ont.)
Prince Rupert & Port Edward Economic Development Corp. (BC)
Quinte Economic Development Commission (Ont.)
Regina Regional Opportunities Commission (Sask.)
City of Richmond (BC)
Vancouver Economic Commission (BC)